fastprofittrader

fastprofittrader Updated 

Hi everyone, Cardano managed to break 0.35 resistance level and hold above it. Moreover it managed to rise up to local resistance at 0.38 price. At the moment ADA is trading in a narrow price range of 0.37 - 0.39. For the past 4 weeks Cardano price increased on 60% and it has a good chance to continue to grow. Next big resistance level for Cardano located at...

fastprofittrader Updated 

Hi everyone, Ethereum price broke all resistance levels and reached local ATH. Last time Ethereum price was at these levels in April. Ethereum price is rising on the news that Blackrock applied to spot Ethereum ETF. This was main driving news which lead ETH price to pump for over $200 in just one day. If we look at RSI it shows that price is overbought and we...

fastprofittrader Updated 

Hi everyone, Bitcoin price has reached 37400 price as was expected in my previous idea. As was expected BTC didn't manage to break this resistance from the first attemt and its price dropped up to 35000 for short period of time. After that drop Bitcoin price pumped on 8% just in one day and again touched its local high at 38000. There is a good chance that...

fastprofittrader Updated 

Hi everyone, Ethereum is following Bitcoin pump and breaking all levels. In this scenario I think that Ethereum price will try to go at least up to 1900 level and maybe even higher. If ETH price will hold above 1815-1840 resistane area then the next target is 1915-1940 resistane area and I think that there is a good chance that ETH price at least will touch...

fastprofittrader Updated 

Hi everyone, Bitcoin price broke 31300 main resistance line and now is trading around 35k which is the highest point in 18 months. After such big pump I expect some price correction. RSI is also showing that price has reached local top and there might be some correction. I don't think that price will fall lower than 31300 support line. Previously it was strong...

fastprofittrader Updated 

Hi everyone, After consolidating at 0.24 - 0.26 price range Cardano price started to rise and has reached very important resistance level at 0.3 price. If ADA price manages to break 0.3 level then next target will be at 0.35 resistance level. Also worth noting that daily RSI is above 70, price at resistance level, so there is possibilty of price correction on...

fastprofittrader Updated 

Hi everyone, Bitcoin price pumped above 28k, even touching 30k, on the fake news on Bitcoin ETF approval. Since then BTC price is holding above 28k and this is a good sign for bulls. Now there are two scenarios where Bitcoin price might go. Short term Bitcoin looks bullish and I think that its price will try to go above 29000 up to 29600. There is another...

fastprofittrader Updated 

Hi guys, let's review the current situation on Ethereum. Ethereum failed to rise to 1700 and instead dropped to 1550 price. Ethereum is looking surprisingly weak at this point. Usually it follows Bitcoin but this time small drop on BTC causing big drop on ETH. At this point I'm extremely bearish on Ethereum and think that in couple months it can drop to 1200 or...

fastprofittrader Updated 

Hi everyone, Bitcoin price didn't manage to hold above 28k price and is falling back again. At the moment BTC is fighting for 27k but it can't break that resistance and it is more likely that it will continue to decline. This is indicating on bulls weakness and that bears are taking over. At this point I don't expect Bitcoin to reach 28k unless something big...

fastprofittrader Updated 

Hi guys, let's look at the current situaition on Cardano. After breaking 0.25 support level Cardano didn't drop as low as I expected. Basically ADA price didn't manage to hold below 0.25 level and has been fluctuating between 0.26-0.24 prices. At the moment Cardano price is trading above 0.26 level but I don't see any potential for growth. In case if Bitcoin...

fastprofittrader Updated 

Hi guys, let's review the current situation on Bitcoin Cash. Bitcoin Cash broke 200-220 resistance area and now aiming to 265-290 resistance area. BCH is looking much stronger than Bitcoin and if BTC is going to reach 28k than Bitcoin Cash most likely will be trading within 265-290 resistance area. At this point I don't see BCH plunging deeper than 220 price...

fastprofittrader Updated 

Hi guys, let's review the current situation on Bitcoin. Bitcoin is testing 27000 price level again. For the past month it's already third attempt to break this level but so far BTC didn't manage to do this. This time though I think that Bitcoin can break 27000 level and rise up to 28000. After last attempt Bitcoin price didn't fall lower than 26000 and it's good...

fastprofittrader Updated 

Hi guys, let's review the current situation on Ethereum. Ethereum didn't manage to go down and break 1550 support level. Now I expect that ETH price will rise up to 1760 resistance level. It's a bit early to say that since Ethereum didn't break 1640-1685 resistnce area but if we look at dynamic of the price it seems that it's just a matter of time. Also, it's...

fastprofittrader Updated 

Hi guys, let's review the current situation on Bitcoin. Recently Bitcoin dropped to 25k, again, and now in correction phase. There is high possibility that Bitcoin will rise to 27k or even 28k. But I very much doubt that BTC can rise hagher than that. I think that upper bound of 28000-28400 resistance area is maximum where Bitcoin can rise. From there I expect...

fastprofittrader Updated 

Hi guys, let's review the current situation on Ethereum. As was expected Ethereum dropped under 1600 level and 1550-1500 support area. After recent drop ETH in correction phase at the moment and now trading around 1600 level. There is possibility that Ethereum will rise to 1640-1680 resistance area but it's very unlikely that it will rise higher than...

fastprofittrader Updated 

Hi guys, let's review the current situation on Bitcoin Cash. Bitcoin Cash reached upper bound of 200-220 resistance area on the news that Grayscale won case against SEC. This didn't last long though. Basically on the next day all optimism gone from the markets and price started to plunge again. Unlike Bitcoin, which returned to 26k, Bitcoin Cash stayed within...

fastprofittrader Updated 

Hi guys, let's look at the current situaition on Cardano. Cardano broke 0.25 support level thanks to recent Bitcoin drop to 25k. Cardano is showing its weakness again and I don't expect that it will rise somewhat significant. Considering some correction on Bitcoin it's epected that Cardano price will also rise a bit but not much. After drop on Bitcoin its price...

fastprofittrader Updated 

Hi guys, let's look at the current situaition on Cardano. My previous idea on Cardano realized for 100% and reached its target at 0.25 level. This downfall was expected as ADA didn't show any willingness to rise somehow and it was just matter of time when it drops. Now some correction is expected, probably even up to 0.3 level but at the moment it sems...